The consumer price index (CPI) rose 2.3% in August from a year earlier, up from 2.2% of the median forecast in a Reuters poll, the highest in six months, the National Bureau of Statistics said on Monday. Among them, food prices rose 1.7% over the same period, and non food prices rose by 2.5%.
The data also showed that the industrial producer ex-factory price index (PPI) rose 4.1% in August from a year earlier, 4% higher than the median forecast of the Reuters poll; and the PPI rose 0.4% in the ring.
CPI rose 0.7% in August, and the median Reuters poll forecast a 0.5% rise, with food prices up 2.4% and non-food prices up 0.2%.
Analysts pointed out that pork, vegetables, eggs in food by weather and epidemic factors to promote inflation, pork prices will be the key to determine the future trend of inflation; PPI due to last year's high base factors, the year-on-year growth rate fell to a four-month low. Inflation pressure will rise further, but the short-term pressure is not big.

<>China's CPI and PPI rose more than expected in August

 

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